Meeting with Secretary, Pension: Feedback by Confederation
Old ItemsThe following issues have been discussed
New Items.I. Equitable Gratuity under Rule 50 of Pension Rules, 1972.
As recommended by IV CPC the following rates of Death Gratuity had been provided for:-
Sl. No. Length of Service Rate of Death Gratuity
1. Less than one year 2 times emoluments
2. One year or more but less Then 5 years 6 times of emoluments
3. 5 Years or more but less than 20 years 12 times emoluments
4. 20 years or more half of emoluments for every
completed six monthly period
of qualifying service subject
to maximum of 33 times of
Staff Side suggested the following amendment in Sl. No. 3 above which
may be split as under:-
a). Five years or more 12 times the emoluments
but less than 11 years.
b). 11 years or more but less than 20 years 20 times of emoluments
However Govt. did not agree to reconsider this matter.
The meeting ended with a vote of thanks.